<ul><li>Bitcoin (BTC) has breached one of the largest consolidations and is poised for a significant upside rally.</li><li>Following the breakout of the descending channel pattern, there is a strong possibility that Bitcoin could reach the $72,000 level.</li><li>BTC appears bullish as it has breached a strong descending channel pattern it has been following since March 2024.</li><li>BTC's positive outlook is further supported by on-chain metrics, including a strong bullish sentiment among traders and growing participation.</li></ul>

Bitcoin Breaks Long Channel Pattern, Eyes on $72,000

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